---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-159861"
form_type: "8-K"
ticker: "CGC"
cik: "0001737927"
company_name: "Canopy Growth Corp"
filed_at: "2023-06-02T23:59:59+00:00"
generated_at: "2026-06-14T08:24:46.837479+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Canopy Growth extends Acreage acquisition deadline to Aug 31, 2023

## Summary
- Second amendment to arrangement agreement extends Exercise Outside Date from May 31 to August 31, 2023.
- Parties: Canopy Growth, Canopy USA (subsidiary), and Acreage Holdings.
- Completion remains subject to conditions including the Canopy Capital Reorganization.
- No assurance that all conditions will be satisfied or waived; deal may not close.

## SEC filing metadata
- accession: 0001193125-23-159861
- form_type: 8-K
- ticker: CGC
- cik: 0001737927
- company_name: Canopy Growth Corp
- filed_at: 2023-06-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1737927/000119312523159861/0001193125-23-159861-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1737927/000119312523159861/d498343d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-159861
- JSON: https://secwatch.observer/filing/0001193125-23-159861.json
- Plain text: https://secwatch.observer/filing/0001193125-23-159861.txt

## Key facts
- Material Agreements
  Canopy Growth Corp amended Floating Share Arrangement Agreement with Canopy USA, LLC and Acreage Holdings, Inc. valued at Extended Exercise Outside Date from May 31, 2023 to August 31, 2023 (effective 2023-05-31).
  - Action: amendment
  - Counterparty: Canopy USA, LLC and Acreage Holdings, Inc.
  - Value: Extended Exercise Outside Date from May 31, 2023 to August 31, 2023
  - Effective: 2023-05-31
  source text: The Company, Canopy USA and Acreage entered into a second amendment to the Floating Share Arrangement Agreement (the " Amendment "). Pursuant to the terms of the Amendment, the Company, Canopy USA, and Acreage agreed to amend the Exercise Outside Date (as defined in the Floating Share Arrangement Agreement) from May 31, 2023 to August 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1737927/000119312523159861/0001193125-23-159861-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.